NewsBTC
Jan 20, 2026
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XRP Analyst Predicts Breakout to $4 Amid Falling Wedge Formation

XRP is currently experiencing a price correction, but technical analysis suggests it may still be on an upward trajectory. Crypto analyst JD highlights the current pullback as part of a larger setup leading to potential future growth.

Key Technical Observations

  • XRP recently completed a falling wedge pattern in July 2025, leading to an upward breakout.
  • The cryptocurrency has since entered a descending broadening wedge, characterized by expanding lower lows and lower highs.
  • This structure explains the ongoing price decline, with recent corrections aligning with JD's predictions.
  • There is potential for XRP to drop to $1.5 before rebounding if selling pressure eases at the wedge's lower trendline.
  • An eventual break above the upper trendline could propel XRP to new highs, potentially reaching $4.
  • A close above $2.3 is crucial to confirm this breakout.

Market Considerations

  • On-chain data from Glassnode indicates cautious sentiment, showing XRP slipping into a cost-basis setup similar to February 2022, which may increase sell pressure.

XRP Chart

Investors should monitor these patterns closely, as they provide critical insights into XRP's potential price movements.